Prices just keep going up and up
5 years ago
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Just curious... cost to build going up or down?
Comments (5)According to a recent (April '08, I think) article in Money magazine, the cost of building materials is falling. I don't recall the exact numbers but I think I recall seeing numbers like: lumber costs down 18%, sheetrock costs down 40%, roofing costs down 25%, etc. Even if I hadn't read the Money magazine article, it make sense to me that under the law of supply and demand, prices should be falling for building materials. With mortgage loan money getting harder and harder to qualify for - and loads of repossessed home on the market relatively cheap - fewer new homes are going to be started. That means there is less demand for building products now than before the mortgage mess hit and the demand is likely to continue falling until at least some of the excess inventory (i.e., repossessed homes) is sold off. Less demand for builing materials ought to result in lower prices as suppliers try to sell their product to fewer buyers. Likewise, with fewer homes being built, labor costs should come down as laborers compete for a share of a decreasing market for their services. Admittedly, the drop in prices due to decreased demands may be offset somewhat by rising transportation costs but, despite how it feels at the pump, I don't think transportation costs have risen enough to out-pace the effects of falling demand. Overall, I think Money magazine probably got it right. Besides, I find their research to be pretty reliable....See MoreElectric rates going up, up, up.
Comments (12)Well DB, You seem to have captured the gist of the artical without admitting ignorance. I gave you the source yesterday, but you refused to read or admit that when I said I "read", and the key word was "read" an artical posted by a local news source, "pricing for TXU was over 16 cents per kw". You either missed or ignored the other value that I claimed was in a December bill. a period several months before current price reductions. Now as to your claim? Aren't you leaving off the surcharge from this claim? You must be a shill for TXU also. But I guess you have the right to be selectively stupid. Wake up and smell the kilowatts. Or are you too befuddled to think simple thoughts. As to the hundreds of billions of losses that Texas has been forced to pay for. TXU sold several companies during the last 3 years, that lost billions of dollars. One that supplied a majority of French customers power (France), one that supplied some English customers (England), and a wopping utility that supplied either Australia or New Zealand with power. Also they lost very heavy with Lone Star Gas that became Atmos (N. Texas). Do you wish to debate this claim also?...See MoreLooking for the best 60 gallon natural gas hot water tank.
Comments (1)It's kind of like asking what is the BEST car. Ask three people, and get three different answers :) AO Smith, Rheem, or Bradford White are the three manufactures, and the three choices you have when it comes to tank water heaters. Since most (I stress most) plumbing / heating contractors here in the Chicago area handle Bradford White, I would say that kind of speaks volumes of product integrity, therefore it is the brand that I just had installed 5 months ago. I will add that the Bradford White is the only one totally US owned and manufactured (Michigan). Yes, there are other ones made here in the US, but they also have operations in other countries (i.e Mexico, China) Good luck! Good luck!...See MorePella’s prices going up?
Comments (6)The prices of all building materials regardless of manufacturer have and will continue to go up due to high demand and low supply.... Other issues like MWM mentioned will only amplify that. In short, Pella in particular may or may not be going up precisely on Dec 1, but its likely that they will or already have. In many cases dealers absorb price increases from manufacturers for a short while until they institute them in their own pricing structure. That could be a possibility as well....See More- 5 years ago
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